I recently upgraded to FC17 and saw a similar problem with VMwareTool-8.8.5. I found the patch
and massaged it into compiling with VMwarreTools-8.8.5 and FC17 kernel 3.6.10-2.fc17.i686. I didn't look at the patch in any more detail than to delete parts which appear to have already been incorporated in VMwareTools-8.8.5 and its been working for an hour so far but that's as much as I can say. See attached.